This Neighborhood Shopping Ctr commercial property located at 953 Federal Rd in Houston is a Strip Shopping Center property, in the 77015 zip code. This property boasts 14032 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1979 American Grand Land Invtmt Inc created 12272 SF of improvements. CXRE further estimates American Grand Land Invtmt Inc and the property’s previous owners, have realized approximately $1,055,600 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $255,400.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD642250140005
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF12,272
  • Min Contiguous SF14,032
  • OwnerAMERICAN GRAND LAND INVTMT INC
  • QualityAverage
  • Rentable Building Area23600
  • Use Code DescriptionReal, Commercial
  • Year Built1979

Financial Details

  • Est. Accrued Depreciation$1,055,637
  • Est. Avg. Income255390
  • MS Replacement Cost$1,055,637
  • Value Per Sq Ft$0.00